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US raises debt ceiling past $36.2 trillion—boosting market confidence short term, but fueling long-term crypto gains as inflation hedges.
President Donald Trump’s drive to enact trillions of dollars in tax cuts and raise the federal debt is on track after he and ...
A Republican drive to quickly pass President Donald Trump’s tax cut proposals and increase the US debt ceiling has been at ...
It’s as true now as it was in times prior that the U.S. defaulting on its debt would throw the country’s creditworthiness out ...
Using this benchmark, we can attribute 71 percent of the 2025 deficit to spending policy decisions and 29 percent to tax ...
Many or all of the products here are from our partners that compensate us. It’s how ... a lower average credit limit, which at least helps with avoiding credit card debt. Credit card debt ...
More urgently, it frames an upcoming battle in Congress over the debt ceiling, the legal limit that the United States may borrow to pay for existing spending. The government could breach that ...
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...
The U.S. government will probably risk defaulting on some of its $36.6 trillion in debt as soon as August - or possibly even by late May - unless Congress acts to raise the nation's debt ceiling, the ...
providing the first official estimate of the so-called X date that will require lawmakers to raise the federal debt limit. The outlook contains uncertainty. CBO said if revenue collection is ...
The U.S. government will risk defaulting on some of its $36.6 trillion in debt as soon as August unless Congress acts to ...
WASHINGTON — President Donald Trump and Congress have until August or September to reach agreement and act on the debt limit, the Congressional Budget Office forecast Wednesday. Otherwise the United ...
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